A Scottish boarding school has announced it will accept payments of school fees in the cryptocurrency Bitcoin. Lomond School in Helensburgh, Argyll and Bute – which charges up to £38,000 per year – said the move came after requests from some parents. Tuition payments will be accepted in Bitcoin from autumn term this year, but these will initially be converted to UK pounds to “mitigate currency risk”. The school said adopting Bitcoin aligned with its “ethos of independent thinking and innovation”. No other cryptocurrencies will be accepted.
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